Pension reforms set to boost buy-to-let

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Buy-to-let intermediaries are confident that reforms to the pension regime in April 2006 will boost the property market, research indicates.

A monthly ‘Buy-to-Let Intermediary Forecast’ from Mortgage Trust finds that intermediaries are upbeat about market prospects, with 68.1% of respondents believing that they will write more business over the next three months than during the previous three. Additionally, intermediaries believe that professional landlords will continue to invest in buy-to-let, as a result of pension reforms, which include residential property as a qualifying asset class in Sipps. Nicola Severn, marketing manager at Mortgage Trust says: “Our survey reveals that brokers remain optimistic about the sector ov...

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